Body Wave
ActiveBody Wave has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €14k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 4544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
84
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+45
Solvency70▲+15
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.16 in 2024), and 55.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.8%
Return on assets
7.2%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
55 d early
2022
57 d early
2021
59 d early
2020
60 d early
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▲ 19.1%
2024 · €73k
2019: €-21k
2020: €6k
2021: €63k
2022: €83k
2023: €68k
2024: €73k
2019 → 2025
Total assets
€194k▼ 12.4%
2024 · €221k
2019: €264k
2020: €275k
2021: €311k
2022: €298k
2023: €275k
2024: €221k
2019 → 2025
Net result
€14k▲ 171%
2024 · €5k
2019: €16k
2020: €27k
2021: €57k
2022: €20k
2023: €-16k
2024: €5k
2019 → 2025
Working capital
€11k▼ 22.5%
2024 · €14k
2019: €37k
2020: €31k
2021: €67k
2022: €29k
2023: €9k
2024: €14k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€83k▲ 31.6%€68k▼ 18.8%€73k▲ 7.6%€87k▲ 19.1%
Operating result€91k-€38k▼ 58.7%€-3k€16k€23k▲ 49.9%
Net result€57k-€20k▼ 65.1%€-16k€5k€14k▲ 171%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€96k▼ 20.1%
Current assets
€98k▼ 3.3%
Equity and liabilities €194k
Equity
€87k▲ 19.1%
Debt
€107k▼ 27.9%
The debt ratio falls from 67.0% to 55.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€73k▲
2024 · €65k
Cash flow
€63k▲
2024 · €55k
Solvency
44.8%▲
2024 · 33.0%
Current ratio
1.13▼
2024 · 1.16
Quick ratio
0.93▼
2024 · 0.97
Debt / equity
1.23▼
2024 · 2.03
ROE
16.0%▲
2024 · 7.1%
ROA
7.2%▲
2024 · 2.3%
Interest coverage
7.99▲
2024 · 5.78
Debt
€107k▼
2024 · €148k
Debt ≤ 1 year
€87k▼
2024 · €87k
Debt > 1 year
€16k▼
2024 · €58k
Income taxes
€929▲
2024 · €419
Staff costs
€193k▼
2024 · €205k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€221k€194k▼
Fixed assets21/28€120k€96k▼
Tangible fixed assets22/27€120k€96k▼
Plant, machinery and equipment23€53k€36k▼
Furniture and vehicles24€6k€12k▲
Leasing and similar rights25€11k€6k▼
Other tangible fixed assets26€49k€41k▼
Current assets29/58€101k€98k▼
Stocks and contracts in progress3€17k€17k▲
Stocks30/36€17k€17k▲
Amounts receivable within one year40/41€5k€15k▲
Trade receivables40€5k€10k▲
Other amounts receivable41-€5k
Current investments50/53€55k€45k▼
Cash at bank and in hand54/58€25k€21k▼
Equity and liabilities
Total equity and liabilities10/49€221k€194k▼
Equity10/15€73k€87k▲
Contributions10/11€27k€27k=
Reserves13€46k€60k▲
Tax-exempt reserves132€9k€9k=
Distributable reserves133€37k€51k▲
Amounts payable17/49€148k€107k▼
Amounts payable after more than one year17€58k€16k▼
Financial debts170/4€58k€16k▼
Amounts payable within one year42/48€87k€87k▼
Current portion of amounts payable after more than one year42€44k€40k▼
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Advances received on contracts in progress46€2k€2k▲
Taxes, remuneration and social security45€33k€36k▲
Taxes450/3€13k€22k▲
Remuneration and social security454/9€20k€14k▼
Other amounts payable47/48€1k€691▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€205k€193k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€50k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€4k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€279k€275k▼
Operating profit (loss)9901€16k€23k▲
Financial income75/76B€1k€533▼
Recurring financial income75€1k€533▼
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€6k€15k▲
Income taxes67/77€419€929▲
Profit (loss) for the period9904€5k€14k▲
Profit (loss) for the period to be appropriated9905€5k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€14k▲
Profit (loss) brought forward from the previous period14P€-70k-
Transfer from equity791/2€65k-
Transfer to equity691/2-€14k
To other reserves6921-€14k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-16k ▼178%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €57k ▲115%
Operating result €91k, net result €57k, both a record.
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Martina De Vos
CurrentDirector · since 20-04-2023
20-04-2023
Martina De Vos: Appointed as Director
20-04-2023
Mevrouw DE VOS Martina Maria Margaretha Michel: Resigned as Zaakvoerder/bestuurder
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Professor Claraplein 192018 AntwerpenGround area
4,402 m²
Building footprint
281 m²
Volume, LiDAR
3,843 m³
Parcel 11806F1315/00M002, Flanders · tallest building 20.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BODY WAVE
since 20032.134.393.146
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1315/00M002 | Flanders | 4,402 m² | 1 · 281 m² | 20.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 480 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 480 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.134.393.146
Similar companies · same sector, comparable size
TELLE QUELLE
BE 0778.723.324
Sambreville · Eq €87k
S & ZI
BE 0895.496.773
Genk · Eq €86k
LABELLE
BE 0450.118.305
Kruisem · Eq €88k
ANDRIES – DE WEERDT
BE 0440.365.647
Sint-Katelijne-Waver · Eq €88k
De Waterhoeve
BE 0798.219.235
Lede · Eq €89k
Of 6,690 companies in sector 96230 we hold annual accounts for 616. 441 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2003
Fiscal year end30-06
Activities, NACEBEL
93040
96040Personal service activities
96230Day spas, saunas and steam baths
47789Other retail sale of new goods
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.